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Working Families Tax Credit

Caroline Flint: To ask the Chancellor of the Exchequer what representations he has received on his proposals for a working families tax credit. [38271]

Mr. Gordon Brown: The Working Families Tax Credit has been welcomed by a wide range of individuals and organisations.

Exchange Rates

Mr. Mitchell: To ask the Chancellor of the Exchequer if he will list the (a) range of fluctuation and (b) average exchange rate of sterling against the deutschmark in (i) the period May 1996-May 1997 and (ii) the period since May 1997. [39317]

Mrs. Liddell: The information requested falls within the responsibility of the Chief Executive of the Office for National Statistics. I have asked him to arrange for a reply to be given.

Letter from Tim Holt to Mr. Austin Mitchell, dated 23 April 1998:



    The figures are shown below and are drawn from observations of indicative middle-market (mean of spot buying and selling) rates as observed by the Bank of England Foreign Exchange Desk in the London interbank market during late afternoon trading.

Range of fluctuation and average rate of sterling against Deutsche Mark

LowestHighestAverage
May 1996-May 19972.27952.82022.5242
May 1997 to date2.79153.09702.9429


Planning Policy Guidance

Mr. Kidney: To ask the Chancellor of the Exchequer what proposals he has to develop economic instruments to support planning policy guidance. [38999]

Mr. Darling: In his Budget statement, my right hon. Friend the Chancellor referred to the ongoing work on the potential of a tax on the extraction of aggregates. Other economic instruments that could be used to further the Government's planning policies are being kept under review.